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Three-Family Residential Property
For Sale
Contact for pricing
Pending

432 Summer Ave, Newark, NJ 07104

Three-unit property with central air and two vacant units, plus parking available across the street for $100/month.

Property SizeContact for details
Days on Market149

Property Features for 432 Summer Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3
Listing Agency: Keller Williams Realty - NJ Metro Group
Listed By: Brendan Dasilva · License #NJ
Source: Crexi
Added: Apr 11 Changed: Sep 5 Last Checked: Sep 1 at 8:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty - NJ Metro Group

Investment Insights

Based on property information with market context.

This three-family residential property offers central air and retains an old wood-charm character, with attractive interior finishes described as beautiful floors. The property includes three units, with two currently vacant and ready for occupancy or updates.

The home is located at 432 Summer Ave in Newark, NJ. Parking is available across the street for $100/month, providing a practical accessory amenity for residents and tenants.

With two units available, the property may be a workable fit for buyers seeking to stabilize occupancy while improving or repositioning the existing residential setup.

Key Highlights

  • Three‑unit property with central air
  • Two units are vacant
  • Parking available across the street for $100/month

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture Law Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,405
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with central air and two vacant units, plus parking available across the street for $100/month.
Where is this triplex located?
The property is located at 432 Summer Ave Newark, NJ.
What are key features of this property?
This property features: Three‑unit property with central air; Two units are vacant; Parking available across the street for $100/month
(973) 783-7400 Call to check price and availability
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